External Sector Performance - January 2023

The deficit in the merchandise trade account narrowed in January 2023, compared to a year ago.

Export earnings declined while import expenditure remained subdued in January 2023, compared to year earlier.

Workers’ remittances and earnings from tourism continued to increase in January 2023.

Gross official reserves strengthened at end January 2023, while the exchange rate remained stable during January 2023.

The Colombo Stock Exchange (CSE) recorded a marginal net inflow, while foreign investments in the government securities market recorded a marginal net outflow during January 2023.

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Published Date: 

Tuesday, February 28, 2023